Er, just how few would 62 % of bankruptcies be, exactly? Sounds quite a lot to me. more than half of thiose going bankrupt do so for medical reasons?
Well, no. 62% of bankrupcties cite medical bills as part of their outstanding bills. By no means does that suggest that the bills are putting them under.
For more on the problems with that study, see this (http://www.theatlantic.com/business/archive/2009/06/elizabeth-warren-and-the-terrible-horrible-no-good-very-bad-utterly-misleading-bankruptcy-study/18826/) and this (http://www.theatlantic.com/business/archive/2009/06/why-warrens-new-bankruptcy-study-is-so-bad/18834/).
And this makes a news story? must be more than a couple of dozen , I guess, so how many would that be , precisely?
Easy - the media wants us to be angry at our health system.
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Re: Not so fast...
Date: 3/6/10 00:26 (UTC)Well, no. 62% of bankrupcties cite medical bills as part of their outstanding bills. By no means does that suggest that the bills are putting them under.
For more on the problems with that study, see this (http://www.theatlantic.com/business/archive/2009/06/elizabeth-warren-and-the-terrible-horrible-no-good-very-bad-utterly-misleading-bankruptcy-study/18826/) and this (http://www.theatlantic.com/business/archive/2009/06/why-warrens-new-bankruptcy-study-is-so-bad/18834/).
And this makes a news story? must be more than a couple of dozen , I guess, so how many would that be , precisely?
Easy - the media wants us to be angry at our health system.